proposal from republicans, well, pretty much, we're headed towards the fiscal cliff and going over. there has to be movement towards a middle ground, and as the meeting started, there was no. we are awaiting reports on what happened. they met for an hour and five minutes. could have been progress towards another type of workable frame work to maybe kick this into next year, but as of the start of this meeting, it was not looking good. the white house will be updating ceos at 5:30, a staff call, staff from white house calling a number of ceos, having a conference call to update them. lloyd blankfein of goldman sachs on the call, trying to confirm other members of the call. thinks moving quickly, but not much progress. david: if there had been any kind of conclusion or any kind of agreement between republicans and democrats as we're looking at pictures -- that was nancy pelosi moments ago, if there was an agreement, there probably would have been an announcement, come out to the gaggle of reporters saying they are happy, and there was none of that announcing going on today; correct?